In Theranos’s brief, Icarus-like existence as a Silicon Valley darling ... [t]he company was the subject of adoring media profiles; it attracted a who’s who of retired politicos to its board ... This is the story the prizewinning Wall Street Journal reporter John Carreyrou tells virtually to perfection ... Carreyrou’s presentation has a few minor flaws. He introduces scores of characters and, after a while, it becomes hard to keep track of them. In describing these many players he sometimes relies on stereotypes ... Such blemishes in no way detract from the power of Bad Blood. In the second part of the book the author compellingly relates how he got involved, following a tip from a suspicious reader. His recounting of his efforts to track down sources...reads like a West Coast version of All the President’s Men. The author is admirably frank about his craft ... The question of how it [Theranos] got so far — more than 800 employees and a paper valuation of $9 billion — will fascinate business school classes for years.
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